Producer
CRH plc (Oldcastle Infrastructure)
CRH plc (Dublin Ireland; NYSE: CRH — relocated NYSE primary listing from London 2023; formerly LSE primary; ~$35B revenue) is the world's largest building materials company by market capitalization and the #3 US crushed stone/aggregate producer through its Oldcastle Materials subsidiary. CRH's US aggregates business (Oldcastle) operates ~280 quarries across the US with particular strength in the US Southeast, Ohio River Valley, and Pacific Northwest. CRH/Oldcastle holds approximately 11-14% of US crushed stone market. CRH's Ireland headquarters and global scale make it the only non-US headquartered company in the US aggregate oligopoly. CRH has pursued an aggressive US acquisition strategy — purchasing Lane Industries, Pennsy Supply, and dozens of regional quarry operators over 30 years — making its US aggregate portfolio the product of hundreds of acquisitions rather than organic growth.
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Inputs supplied
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Goods downstream
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Facilities
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2 inputs CRH plc (Oldcastle Infrastructure) supplies
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Americas Materials (Oldcastle)
65%Europe Materials
20%Building Products (Americas & Europe)
15%
Intelligence
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Did you know2024
CRH plc (NYSE: CRH) is the world's largest building materials company by market capitalization — an Irish company whose primary listing is on the New York Stock Exchange, whose largest business is in the US, and which controls approximately 11-14% of US crushed stone production alongside being the US's largest asphalt paving operator. CRH's Oldcastle subsidiary simultaneously supplies: (1) the crushed stone used as road base under US highways (infrastructure); (2) the asphalt hot-mix that paves those same highways (transportation surfaces); (3) the ready-mix concrete in commercial building foundations (construction); and (4) the concrete pipe carrying municipal water and wastewater under those highways (utilities). The same Dublin-headquartered company is in the critical path of US road construction, commercial building, and utility infrastructure simultaneously — three separate public and private capital expenditure categories that economists track as separate sectors but that route through the same CRH quarry network.
CRH plc ↗